Coverfast / TempDrive (clone of FCA authorised firm) (updated)
CloneFraudsters copy the details of firms we authorise to try and convince people that their firm is genuine. Find out why you shouldn’t deal with this clone firm. Almost all firms and individuals must be authorised or registered by us to carry out or promote financial services in the UK. This firm is not authorised…
Why this matters
The FCA warning identifies an unauthorised clone firm (Coverfast/TempDrive) impersonating legitimate insurance firms (Wakam and Montgomery Kent Insurance Brokers). The content is administrative in nature—a public alert to protect consumers from fraud—with no binding rules or policy changes.
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Topics:
Insurance